MaplebearCART
About: Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has about 8 million monthly active users (or orderers) on its platform.
Employees: 3,380
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 52
32% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 82
21% more capital invested
Capital invested by funds: $6.21B [Q2] → $7.5B (+$1.29B) [Q3]
9% more funds holding
Funds holding: 288 [Q2] → 314 (+26) [Q3]
8% more call options, than puts
Call options by funds: $91.4M | Put options by funds: $85M
0% more funds holding in top 10
Funds holding in top 10: 20 [Q2] → 20 (+0) [Q3]
0.66% less ownership
Funds ownership: 73.01% [Q2] → 72.35% (-0.66%) [Q3]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Morgan Stanley Brian Nowak 88% 1-year accuracy 28 / 32 met price target | 13%downside $44 | Equal-Weight Maintained | 13 Jan 2025 |
Wells Fargo | 7%downside $47 | Equal-Weight Initiated | 10 Jan 2025 |
Needham Bernie McTernan 74% 1-year accuracy 99 / 134 met price target | 11%upside $56 | Buy Upgraded | 17 Dec 2024 |
Loop Capital Rob Sanderson 82% 1-year accuracy 42 / 51 met price target | 11%upside $56 | Buy Maintained | 9 Dec 2024 |
Deutsche Bank Lee Horowitz 90% 1-year accuracy 9 / 10 met price target | 26%downside $37 | Hold Initiated | 3 Dec 2024 |
Financial journalist opinion
Based on 13 articles about CART published over the past 30 days









